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A Look At Robinhood Markets (HOOD) Valuation After Post Earnings 13% Share Price Drop
Simply Wall St.115d agobearish
A Look At Robinhood Markets (HOOD) Valuation After Post Earnings 13% Share Price Drop

Robinhood Markets (HOOD) has been under pressure after its stock fell more than 13% following first quarter results that missed analyst expectations, driven by a 47% drop in crypto transaction revenue and a higher expense outlook. See our latest analysis for Robinhood Markets. The sharp post earnings selloff sits against a mixed recent record, with a 7 day share price return of 12.75% and a year to date share price return of 36.73% decline. At the same time, the 1 year total shareholder...

Red-Hot AI Stock Western Digital Slides Despite Earnings Beat. Here's Why.
Investor's Business Daily115d agobullish
Red-Hot AI Stock Western Digital Slides Despite Earnings Beat. Here's Why.

Western Digital stock fell Friday after the data storage company that recently rebranded as WD reported fiscal third-quarter results. The San Jose, Calif.-based WD said that it earned an adjusted $2.72 per share for the April 3-ended quarter, up 97% from a year earlier. WD and its rival Seagate dominate the market for hard-disk drives.